ScienceBehindTheChart

LTIM LONG FOR JUN SERIES

Long
NSE:LTIM   LTIMINDTREE LTD
As per trading set up, the following is noticed :-
1. Positive crossover likely to take place in MACD.
2. RSI changed its downtrend to uptrend.
3. Two weekly green candle signs of bullishness.

So, 5000 CE option of Jun series will be a good bet which is available at Rs 140, LTIM can try to cross 5500 in Jun series and in this case the value of 5000 ce option will Rs 500.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.